Firering Strategic Minerals: From explorer to producer. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
WOS, I appreciate you’re a bit of a novice investor but just so you are aware, Google shows the price of the last trade executed. So, a stock can have a spread as wide as a barn door (like MATD currently) and appear to be up or down considerably, when in fact the SP bid and offer might not have moved at all.
As for yet another subtle put down of “Lazy People just always ask Q but never try to find A to share with BB ;)” isn’t a BB one of the places you come to find/share info?
Ps, The tide is turning WOS… any critical posts of you are now garnering many more likes than previously ;)
The LP issue must be closer than ever….it’s soooooo overdue now
Is that your answer WOS?
You claim to have special knowledge and research skills. I never have made such claims and despite looking, this information is not available.
If you can find the answers, I'd finally be impressed with you! but you actually don't have any special knowledge do you? You just try to deflect (usually with personal insult) when someone asks you a direct question that you can't answer... so that is why you are a charlatan.
charlatan
ˈʃɑːlət(ə)n
noun
a person falsely claiming to have a special knowledge or skill.
Master82 nice to have you back and some good info posted as usual love it!!! Some old names have returned and the board is so much more Interesting and informative,
Cac carry on with 1 million questions maybe ask moulder and scully to open the X files for you
Lazy People just always ask Q but never try to find A to share with BB ;)
+8% UP on Google
Sir I give good info & am positive about investment. Everybody take, leave or block. Simple ;)
Think read link also I post at 06:53. Tell you why I see triple digit SP here.
Land access permission land shortly
Be happy & make own decision. My share us safe like Mr Thornagassaon & other :)
Ps before anyone leaps in I appreciate not every ministry has to comment. I mean all the ones that have been included in the consultation, however many that may be.
Whilst is it excellent news that the draft law is being consulted and that the general tone is very favourable and that in the future, if passed, the legislation will facilitate foreign investment, our focus needs to be on our current existing solution offer I.e. the special purpose certification.
The current unknowns as far as I can tell are:
1. At what stage is the spc paperwork at with all the ministeries i.e. all completed and submitted or not?
2. If not, will all the ministeries be able to complete and submit the required paperwork before nadaam?
3. If not how long will naadam delay matters?
4. Parliament closes this wek and reopens early October. Does cabinet sit during the parliamentary recess?
5. If so how often? Is it regular meetings or just ad hoc when need or emergency trigger a meeting?
And before Ms VG gets the giggles, No, I don't have the answers. Im formulating my thoughts in order to share with the board to see if anyone has any interesting and helpful comments.
Thanks
Thank you Barclay. Its better to share information amongst ourselves than to argue. Its pointless.
A big spread - the MMs want to sell you high and buy your shares really low. They can still make money whilst little is going on.
Master, thank you for his very informative post. you have stated facts in a clear and logical way without reference to Rampers / derampers or any other personal innuendos. WOS take note.
I don't know. That's why I'm asking
if one of the board gurus knows.
It will drop when you least expect it.
Curious, looking forward to you finding the answer 😃
"Will these ministeries be working during the prolonged naadam or only shut down during the state nadaam?"
Drafts laws (bills) are consultations papers before being formally introduced to parliament for debate and usually with amendments before being voted on by parliament.
What we need is the special purpose certification is approved by cabinet. This is currently with numerous ministries.
Will these ministeries be working during the prolonged naadam or only shut down during the state nadaam?
All indications are pointing towards the LP being granted. Formalities will be completed shortly and LP issued before V1 results. Hold tight.
Its all looking good, we just need the LP Asap.
The number of inspections to be carried out by the state in the activities of #investors shall be determined by law
----------------------------------------------------- ---------------------
Today (2023.07.04) the draft of the revision of the Law on Investments, which will be discussed at the "Mongolian Economic Conference 2023", was discussed by the Standing Committee on Economy of the Parliament. The revised draft was presented by the Minister of Economic Development Ch. Khurelbaatar. Here are the highlights of his presentation.
📍 In the first quarter of 1990-2023, 41.1 billion US dollars of foreign investment came into Mongolia. Of this, 73 percent is mining, 11 percent trade and services, and 16 percent other sectors. In the last 10 years, on average, 42 percent of foreign direct investment is Oyutolgoi investment.
📍In Mongolia, as of the first quarter of 2023, 246.8 thousand enterprises were registered in the State Register of Legal Entities. Of these, 9,350 enterprises with foreign investment are operating. From 1990 to 2023, a total of 14,836 GHO enterprises were registered in the register of legal entities, and 5,486 enterprises were liquidated. 33 percent of these enterprises were liquidated in 2010-2022.
📍 The draft of the revision of the Law on Investment has been open for discussion to citizens, enterprises and investors for 65 days. The following changes have been made.
- The requirement of 100,000 US dollars required for foreign investment to become an enterprise has been abolished.
- To protect the rights and interests of investors, the Council for the Protection of Investors' Interests was established.
- Foreign investors have the right to access international arbitration in case of investment-related disputes.
- The number of inspections conducted by the government in the investor's activities shall be determined and limited by law in that year.
- Obligations of government institutions in the field of investment are clearly defined.
- In the event that the state decides to compensate the investors by the decision of the competent body, there is a regulation on holding the official who made the decision accountable.
- Government services for investors will be provided on a one-stop basis.
- Duplication of the law that created doubts for investors has been removed. For example, tax support is regulated only by the Law on Taxation.
- The draft law states that the issue of granting a stabilization contract is resolved electronically.
It'll happen.
For the reasons previously stated:
The Mongolian Government want/need oil for their new refinery. They want independence of energy supply. They want to improve their tax receipts and balance of payments. They don't want to be dependent of Russia or China.
They're focused on the oil refinery I suspect and the oil pipeline construction and oil field development plans are all leading into this.
Petro Matad have oil and are actively exploring/acquiring other blocks to hopefully increase the oil reserves that they have access too, they're also actively working towards building Green wind and solar capacity that the Mongolian Government see as their future. Petro Matad are slowly embedding themselves into the Mongolian energy supply solutions of the future.
Petro China are blotting their copy book left, right and centre and the local population are objecting vocally+++.
China is well known for a self serving domineering approach to it's oversees investments and relations.
When it happens I suspect the posts very quickly will be about how obvious it was that it was going to happen,
'All the evidence was there to see.' etc.
I'm fairly sure it'll happen but am unsure as to when, but I can afford to wait luckily.
WOS, you are truly unlike any other member on LSE. A poor reflection on LSE actually that you are still a member. But you talk about personal attacks… you are the master.
As for your intel, it is not just the intel but also how you interpret that intel. And that is where you fall over. You have for 6 months misinterpreted any and all information.
50 Item to be discuss in Cabinet Meeting today & Land law amendment in Great Hural Thur or Friday!
Like header say & RNS fir land access for Block XX.
Some poster here specialise in just attack other poster or posts. We see this clearly & who this is.
Better to do research & share Info so other investor can make decision without proper intel & not gossip ;)
“Mr Mike Buck is genius strategist!! (my opinion believe or not but read article first & respect all opinion)”
Two things here…
“Mr Mike Buck is genius strategist!!“ - LOL
and
“& respect all opinion)” - you are the most pompous poster on this BB, who doesn’t respect ANYONE’S opinion if it doesn’t perfectly match your own.
Spectrum…
Thanks Dozz, just seen it, could it be the new blocks being allocated...
Can't get a translation on the article. What is th gist of it WoS?
Mr Mike Buck is genius strategist!! (my opinion believe or not but read article first & respect all opinion)
Think EVERYONE should read interview today with Deputy Minister of Energy M. Bayarmagnal
montsame.mn/mn/read/322618
Maybe you understand what really happening & is more relevant then cricket match or bare Knuckle fighting with mr Buck ;)